Being on cloud definitely has a lot of benefits, especially for businesses who are open and receptive to it. Apart from making huge cost savings, there are also other benefits such as agility, flexibility and the ability to innovate quickly.

According to a survey by specialist recruitment firm Robert Half, data security and legislation are 2 key areas of concern for Singapore CIOs. The survey, which polled 407 CIOs in Singapore, Australia, Hong Kong and Japan, revealed that 65 per cent of CIOs in Singapore believe security risks are the biggest problem with cloud technology.

Given the rapid pace of globalization and technology, times have changed drastically. Economies have now shifted from labour-based to knowledge-based or even service-based. Modern workers are now expected to collaborate wherever they may be.